http://www.thestar.com/opinion/commentary/2016/04/13/cap-and-trade-not-enough-to-fight-climate-change.html
Cap-and-trade alone not enough to fight climate change
Ontario's climate strategy is a good start, but it will only work if cap-and-trade revenues are used for new initiatives to reduce carbon emissions
Keith Brooks The Star (Toronto)
Apr 13, 2016
In the coming weeks, Ontario will finalize a new law and a regulation that will guide the province’s approach to climate action for decades to come. Carbon pricing through cap-and-trade is just one part of that plan. Which is good, because carbon pricing alone is not sufficient to cut carbon emissions to the extent required.

https://www.ontario.ca/page/cap-and-trade
February 22, 2016 Ontario Government
Cap and trade
How a cap and trade program can help fight climate change and reward businesses that reduce their greenhouse gas emissions.

http://carbon-price.com/COP21-Paris
January 1st, 2016
COP21 Paris
COP21 in Paris Will Block all 2C Scenarios
(This organization calculates that we will not be able to limit global temperature rise to 2 degrees C, even with the pledges made at COP21.)